"Zerich": feedback from customers and employees

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Zerich Group is a holding that combines OAO IC Zerich Capital Management (reviews are mostly positive) and Closed Joint Stock Company Joint Stock Commercial Investment Bank Zerich. In the stock market, the holding offers a full range of services: asset management, Forex, a full range of banking services for individuals and organizations, as well as brokerage assistance in the market for government and corporate securities and derivatives.

History of occurrence

Zerich is one of the oldest brokers. However, at the beginning of its work, the company was called "Trust-Service". The company was founded in 1993, before the emergence of the stock market, when the only instruments were vouchers - privatization checks. The company was founded by Vladimir Nefedov, he was also its main beneficiary. At a time when the stock market was in its infancy, Zerich was one of the first companies to provide brokerage services to private individuals as well as to check funds and institutional investors who took part in privatization. Although the beginning of cooperation with the Norilsknickel.”

It's hard to tell how profitable the corporate action was for the steel giant. But this deal gave a serious impetus to the development of Trans-Service.

In 1998, the financial crisis was successfully overcome and the company entered the field of Internet commerce. In 2010, Zerich Bank was acquired by Vladimir Nefedov and his partners, and it was from that moment on that OJSC IC Zerich Capital Management became so numerous.

Zerich started out as a small lending institution that evolved into an investment bank through a change in leadership. The company's activities in the securities market have expanded, and new opportunities have opened up for clients.

Representatives of the holding say that the controlling stake in Zerich Bank was sold in 2015. The same statement stated that the group does not use the services of a bank, and the money in customer accounts and other financial assets are stored in another organization. By an incomprehensible coincidence, the company was deprived of its license to issue loans a day after the publication of the statement.

In this regard, the reviews about the Zerich company are very ambiguous. It is worth noting that negative statements are often heard from clients who do not know how to manage their assets on their own and fully rely on a broker. On the one hand, the company has its own training center, where beginners can take a quality training course with reasonable service prices, on the other hand, technical support will not always be able to answerto your question. In addition, unstable servers are the point that causes the most complaints.

Company Opportunities

As it was already noted, JSC IC "Zerich Capital Management" today is one of the most famous and reputable brokers in Russia with more than twenty years of experience in the stock markets. Until 2000, she worked under the name "Financial company TRUST SERVICE". Many years of experience, the quality of the operations performed and an impeccable reputation helped her to receive the AA category from the National Rating Agency in 2014 - a very high reliability rating.

Today, the Zerich Capital Management company, reviews of which are very interesting, offers legal entities and individuals the most diverse range of services, providing:

1. Access to stock and bond markets.

With the help of this broker, it is possible to carry out transactions for the purchase and sale of securities, including many types of Eurobonds, federal loan bonds, US stocks, etc.

2. Possibility of independent trading on the derivatives, currency and commodity markets.

Clients get access to options and futures for gold, oil, exchange rates, shares of major companies, etc.

At the same time, traders are offered about 100 trading platforms in 25 countries of the world.

Besides, Zerich professionally helps legal entities to carry out successful IPOs of their companies. According to Zerich Capital Management reviews, cooperation with the company means realreceipt of dividends and profits and withdrawal of securities to registers.

Since 2015, investors have been able to open the so-called individual investment accounts (IIA) - a tool that allows you to invest in the stock market with tax deductions and benefits. If you study the reviews of employees about Zerich Capital Management, you can conclude that the company really fulfills the promised guarantees.

Zerich in Russia

In Russia, through this company, clients get access to the country's largest stock exchange - the Moscow Exchange (MOEX). But in addition to the opportunity to buy Russian blue chips on this site, clients are also offered shares of promising fast-growing companies belonging to the second and third tier, which can bring good returns in the future.

MOEX provides an opportunity to buy shares of ETFs (exchange-traded funds that invest in target assets) by paying in rubles at the current exchange rate. The share price is fixed in foreign currency. In addition, as an alternative to a bank deposit, you can invest your funds in Eurofunds with a guaranteed return of at least 8% per annum, which will help reduce the risk of losses from inflation and ruble devaluation.

IC Zerich Capital Management, reviews of which are mostly positive, also offers a profitable commission. It depends on the tariff plan chosen by the trader and the operation market. It can be set both in a fixed amount in rubles per contract, and as a percentage of the daily turnover or the volume of the transaction (from 0.01%up to 0.21% and from 0.35 to 10 rubles, respectively). The minimum amount required to open an account is only 30,000 rubles.

Zerich Capital: trading platform reviews

Zerich provides Quik as software for online transactions. This is a system that allows you to track and conduct transactions (exchange and OTC) either independently or with the help of a broker. Proven to be the product with perhaps the highest data transfer rate and reliability.

The program can be downloaded from the company's website. According to the reviews available about Zerich, the advantage of Quik is its unique versatility, which covers almost all the nuances of working in the stock markets. It allows both programming your own tables and connecting to various trading systems, tracking the dynamics of changes in indicators with a simultaneous brief analysis of these changes, accessing several markets from one terminal, etc.

International Markets

As noted earlier, Zerich clients get the opportunity to invest their funds in 25 countries around the world on 100 sites. These include NASDAQ, New York, Frankfurt, Tokyo, Hong Kong and other exchanges in the US, Canada, China, Mexico, Germany, Britain and many other countries.

Traders have access to operations not only with any individualfutures, stocks and options, but also with entire portfolios of various securities - all this is equally offered by Zerich. Customer feedback, however, often affects the conditions for transactions.

As for tariffs, then:

- as noted above, the minimum amount required to open an account is from $5,000, - Broker remuneration - $0.005 per share if there is a turnover of more than 3 million shares per month, or $0.5 per contract with 100,000 or more contracts per month (these rates are valid for US exchanges).

How is Zerich Capital Management (investment company) characterized?

Employee reviews indicate that the broker has a significant client base and a huge turnover. He is constantly in the top 10 MICEX, and this says a lot. The service is always top notch as the selection of employees is done very carefully. Negative comments are mainly related to the client's lack of trading and investment skills.

Some negative reviews about Zerich Capital Management are also related to the insufficiently good work of the servers and their periodic freezes. If you are not engaged in intraday trading, then you are not afraid of such technical problems. There are traders who make dozens of trades a day. It is for such traders that the Zerich broker is not very suitable due to problems with periodic freezes.

Most of all, it is desirable for investors. Sometechnical imperfections they simply will not notice. In Russia, there is a law according to which, in order to be able to buy shares of foreign companies, you must meet a set of requirements.

Here are some of them:

- have assets in securities and financial instruments in excess of 6 million rubles;

- have a certificate of a financial market specialist or higher economic education;

- the number of transactions with securities must be less than six per quarter and the total turnover of all these transactions must exceed 6 million rubles.

At least two or three years of experience in a securities trading company is also required. For an ordinary citizen, all this is too complicated, but this law does not work outside the Russian Federation.

The broker has a Russian registration, but he has a subsidiary registration in Cyprus, which makes it possible to circumvent this law. Each client gets access to hundreds of exchanges located abroad. Since 2004 Cyprus is no longer an offshore zone. Zerich is governed by EU laws. It is also regulated by CySec and MiFID.

How to start trading and investing?

To get started, you need to open an account. This is done at the company's offices or on the broker's website. The minimum deposit amount is 30,000 rubles or 5,000 USD. According to Zerich reviews, there are no commissions for depositing and withdrawing money.

When opening an account via the Internet, you need to fill out a form. First and last name must be written in Latin. You must scan your passport and attach it to the online check-in form. Only two pages from a personal passport are needed: with a photo (main) and with registration. A consultant will then contact you and help you complete the registration process.

Fares for overseas market:

- $0.009 for shares (per item);

- $2 per futures contract;

- 7% annual leverage fee.

Tariffs for domestic market:

- 0.02% for stock market;

- 1 ruble per futures.

Terminal for trading

Trading system on international exchange markets called Zerich Trader Workstation (TWS) is a public and universal trading terminal. It opens up access to trading in more than a hundred markets in 23 different countries and provides direct access to exchange futures (a fixed-term standard exchange contract for the sale of an asset, when it is concluded, the parties agree only on the level of cost and delivery time), bonds, shares, foreign currency, options, ETFs (investment funds, where everyone has the opportunity to gain access to raw materials or an index, providing investors with a similar return as the main markets) and CFDs (an agreement between a seller and a buyer in which it means that the first party will pay the second the difference between the current value and the price at the “time of the contract”, and if the difference becomes negative, the second party pays first) using a single settlement account.

Zerich - broker, reviews ofwhich is often positively characterized by its terminal. It has a very user friendly and simple interface. It won't be too hard to master it. This process will not require much effort, even if you are doing online trading for the first time. The program allows the trader to trade on operating systems such as iOS and Android. It is efficient and fast real-time trading in an easily accessible yet high-tech format. The user-friendly interface is expressed in TCTI and TWS API for third-party developers.

Light version of the trading platform

There is also a lightweight version for on-the-go transactions that supports the most common distributions of mobile operating systems. With it, you can control risks in real time. Supported, in turn, and OS such as Windows 7, 8, 10; UNIX; iOS; Mac.

As mentioned above, the terminal operates in two versions: a full version and a windowed browser version with simpler and lighter functionality. Also, the correct operation of the terminal requires the installation of Java libraries, the Zerich company management warns about this. Reviews, however, report that Zerich Trader Workstation recommends the full version for analytics and serious decisions.

Staff and training for traders

For beginners in online trading, Zerich Trader Workstation (TWS) specialists create a lot of educational technologies, since one of the main tasks of the team is to transfer many years of experience in exchange trading to clients to create a layereducated and experienced traders. In this regard, a lot of programs and webinars are working, with the help of which the terminal operation system becomes understandable and completely uncomplicated.

"Zerich Capital", reviews of employees about which indicate high requirements for each of them, is also distinguished by good customer training. All lecturers of such programs are certified in the TWS training center and have considerable experience in the real market, ready to share many years of experience in deep analytics. This trading terminal has been in demand for a long time even in conditions of increased price volatility for options, stocks and bonds.

Guarantees for traders

Zerich Trader Workstation is a one-stop shop for making trades and making the right decisions. The broker provides access to serious research and relevant information that will help and assist you in making the right decisions. This terminal has all sorts of order models that will satisfy the needs of even the most unconventional traders. Reviews about the company "Zerich" only confirm this fact. The management of large orders gives private investors the opportunity to conduct transactions with maximum profit and minimum loss. Zerich Securities Limited has extremely attractive offers:

- cheap fees;

- work with the use of financial instruments in different currencies from one account;

- advanced API interface;

- affordable and high-tech terminal;

- deposit amount from five thousand dollars;

- margin trading with 1k leverage7;

- best Bid\Ask ratio;

- high quality risk management system.

Instead of withdrawal, Zerich Securities Limited provides the opportunity to freely trade on various international exchanges. The number of diverse sites allows you to do this around the clock, and multifunctional terminals will effectively implement any strategy. With the help of Smart Routing technology, as a trader, you can immediately see all the exchanges that have the required asset listed. You only need to choose and conclude a contract on the most suitable conditions. Concluding the review, it will not be superfluous to list all the advantages of this broker once again:

- relatively small commission;

- an impressive selection of Russian and foreign exchanges;

- variety of financial instruments;

- the presence of a universal account, with which you have the opportunity to trade several assets at the same time, even if they are denominated in different currencies;

- good conditions for margin lending;

- availability of the opportunity to always get highly qualified assistance from Zerich Trader Workstation (TWS) specialists;

- a convenient program interface where you can quickly figure it out without having special skills in such work;

- many additional services, thanks to which the work becomes as comfortable as possible.